ACQUISITION SIGNALSHigh revenue per visit
HHA COST REPORT · CCN 117000 · FY 2023
VISITING NURSE HEALTH SYSTEM
ATLANTA, GA 30328 · Fiscal year ending 2023-12-31
HHA
$43.4M
TOTAL REVENUE
$508K
NET INCOME
1.2%
MARGIN
85,190
TOTAL VISITS
01 — FINANCIAL
Financial summary
- Net patient revenue
- $43.4M
- Total costs
- $15.8M
- Net income
- $508K
- Operating margin
- 1.2%
- Total charges
- $49.0M
02 — UTILIZATION
Utilization
- Total visits
- 85,190
- Skilled nursing visits
- 31,175
- PT visits
- 35,434
- OT visits
- 13,086
- Aide visits
- 3,133
03 — HISTORY
4-year trend
| Year | Revenue | Net Income | Visits | Margin |
|---|---|---|---|---|
| 2020 | $8.6M | $61K | — | 0.7% |
| 2021 | $9.0M | — | — | — |
| 2022 | $37.0M | $6.2M | 75,971 | 16.8% |
| 2023 | $43.4M | $508K | 85,190 | 1.2% |
04 — OWNERSHIP
Ownership chain
| Owner | Type | Ownership % | Since |
|---|---|---|---|
| DAVIS, DOROTHY | I | 100% | 2018-10-01 |
| DAVIS, DOROTHY | I | 100% | 2018-10-01 |
| VISITING NURSE HEALTH SYSTEM, INC. | O | 100% | 1948-09-10 |
| ASHE, NICOLE | I | — | 2022-07-06 |
| FOWLKS, KEISHA | I | — | 2021-10-26 |
| FOWLKS, KEISHA | I | — | 2021-10-26 |
| HART, NICOLE | I | — | 2022-01-19 |
| HART, NICOLE | I | — | 2022-01-19 |
| HILES, ROGER | I | — | 2022-01-25 |
| HILES, ROGER | I | — | 2019-03-26 |
| HILES, ROGER | I | — | 2022-01-25 |
| HILES, ROGER | I | — | 2019-03-26 |
| HURST, JOHN | I | — | 2018-12-06 |
| HURST, JOHN | I | — | 2018-12-06 |
| HUTTON, RAYMOND | I | — | 2021-07-13 |
| HUTTON, RAYMOND | I | — | 2021-07-13 |
| JONES, STANLEY | I | — | 2018-12-06 |
| JONES, STANLEY | I | — | 2018-12-06 |
| RALPH-BLAIR, JACQUELINE | I | — | 2023-01-02 |
| RALPH-BLAIR, JACQUELINE | I | — | 2023-01-02 |
| SAMS, FERROL | I | 0% | 2024-02-01 |
| VISITING NURSE HEALTH SYSTEM, INC. | O | — | 1966-01-01 |
| WEAVER, CHARLOTTE | I | — | 2021-07-13 |
| WEAVER, CHARLOTTE | I | — | 2021-07-13 |